Kenya targets Sh106bn in fifth Eurobond issue

People walking past the National Treasury building in Nairobi city centre. PHOTO | EVANS HABIL | NMG

Kenya will take up a fifth sovereign bond targeting Sh105.6 billion in the next fiscal year, with the National Treasury leaning towards issuing its first green bond.

The government has in the last seven years already issued four Eurobonds, netting a total of Sh880 billion ($7.85 billion), the latest of which was the $1 billion (Sh112 billion) raised in June this year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.